ThredUp Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- James G. Reinhart
- Full Time Employees
- 2,132
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- 969 Broadway Oakland CA United States of America 94607
- IPO Date
- Mar 26, 2021
- CIK
- 0001484778
- Website
- thredup.com
- Similar Companies
- Business
- ThredUp Inc. (Nasdaq: TDUP) operates an online resale platform focused on secondhand apparel, shoes, and accessories for women and children; the company offers a consumer-to-consumer marketplace where buyers access premium and luxury brands at up to 90% off retail prices and sellers utilize clean-out bags, AI-powered listing tools, and consignment services to offload closets with payouts or charity donations; its Resale-as-a-Service (RaaS) provides brands and retailers such as Walmart and Nordstrom with white-label resale solutions including customizable programs, logistics infrastructure, inventory processing, and proprietary software for integrating pre-owned items into their e-commerce channels; additional consumer services encompass Goody Box for curated secondhand outfits, Rescue Box for discounted mystery bundles, Virtual Closet for wishlists and price tracking, Style Chat and Shop Social for AI-enhanced personalization, and a rewards program for sustainable purchases; ThredUp leverages advanced technology including AI for pricing algorithms, image recognition, quality control, search filtering, and sustainability metrics, supported by automated distribution centers and wholesale channels for bulk inventory sales. Founded in 2009 by James Reinhart, Chris Homer, and Oliver Lubin, and headquartered in Oakland, California, the company primarily serves the U.S. market across the internet retail segment of consumer discretionary, with approximately 1,630 employees and a focus on reducing fashion waste through circular economy practices. In late 2024, ThredUp divested its European subsidiary Remix via a management buyout led by General Manager Florin Filote for a symbolic €1 plus a €61.6 million convertible note repayable by 2034, retaining a 9% stake and providing $2 million in transition funding to sharpen focus on core U.S. operations; the company reinvested $25 million from this shift into domestic growth, driving Q1 2025 revenue up 10% to $71.3 million, gross margins to 79.1%, and new buyer acquisition surging 95% year-over-year via AI innovations; further advancements include premium consignment boosting average selling prices 15%, seven straight quarters of positive U.S. EBITDA targeting 4% for 2025, and expansion of high-margin RaaS partnerships amid 1.37 million active buyers.
Levi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving ThredUp (TDUP)
TDUP Investor Alert: Levi & Korsinsky Notifies Investors of Investigation Into ThredUp (TDUP)
TDUP SHAREHOLDER INVESTIGATION: SueWallSt Notifies Investors of Potential Securities Claims Involving ThredUp
ThredUp Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into ThredUp (TDUP)
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ThredUp Inc. (TDUP) Q2 2026 Earnings Call Transcript
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ThredUp to Report Second Quarter 2026 Financial Results on August 5, 2026
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ThredUp Launches Direct Listing, Bringing Peer-to-Peer Selling to Its Marketplace
ThredUp to Participate in TD Cowen and William Blair Investor Conferences
ThredUp Doubles Down on Resale-as-a-Service® (RaaS®); Appoints Strategic Advisory Board to Scale Universal Recommerce Layer
ThredUp Q1 Loss Meets Estimates, Adjusted EBITDA Margin Shrinks
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